Bitcoin is consolidating near resistance levels, supported by strong ETF inflows and rising institutional demand, signaling potential for a market breakout. VanEck projects Bitcoin could reach a new all-time high within 12 months, driven by increased liquidity, corporate treasury allocations, and favorable macroeconomic conditions. Traders are closely watching volume and derivatives positioning for confirmation, while regulatory developments remain a key factor influencing market dynamics. Overall, Bitcoin's price action suggests accumulation and a structured setup for a possible upward move in the near term.
Prominent crypto trader Garrett Jin has taken a $21.73 million short position on Zcash at $418.90 per token via Hyperliquid, with about $4.93 million executed so far. If fully filled, this would make him the largest Zcash holder on the platform. Jin ...
Ethereum has dropped 20%-45% year-to-date but continues to attract institutional and whale investors. SharpLink and other large holders recently increased their Ethereum stakes by millions of dollars, showing belief in its long-term value and staking...
Bloomberg Intelligence strategist Mike McGlone predicts that Tether (USDT), a dollar-backed stablecoin, may soon overtake Bitcoin as the largest cryptocurrency by market capitalization. This shift is driven by macroeconomic tightening, which favors s...
Affluent crypto investors are concentrating their holdings in Bitcoin, Ethereum, and XRP as market volatility drives a risk-off approach. These top cryptocurrencies dominate portfolios due to their liquidity and brand strength, while many altcoins re...
Major cryptocurrencies fell this week as investors favored AI-related stocks, with Dogecoin and Hyperliquid's HYPE dropping about 10%. Bitcoin was more resilient, dipping 5.3% but quickly rebounding from lows near $58,000 due to aggressive buying. Cr...
